BMW (BAMXY.PK) warns that the trend of luxury automakers offering incentives that cut sharply...

|By:, SA News Editor

BMW (BAMXY.PK) warns that the trend of luxury automakers offering incentives that cut sharply into profits is likely to continue in 2012. Last year, the German company had to set aside €100M ($130.72M) to offset its risk in the Southern Europe luxury car market.